corporate america has pledged over $50 million. the big bank is offering $5 million in loans to affected small businesses and donating to the american red cross. other household names giving include coca-cola, delta airlines, disney, home depot, lowe's, the nfl and target. from fuel to cash to communications. verizon communications warned today hurricane sandy could wreak havoc on its fourth quarter earnings. the wireless, phone and internet provider took on major damage in the storm. four of its facilities in new york flooded. as sylvia hall reports, verizon's warning is a sign of the damage felt by the tele- communications industry. >> reporter: just like with other telecom companies, verizon employees are working hard to restore service to the northeast. but it's not easy when they're also pumping water out of the basements of their flooded new york facilities, which are running on generator power. the company announced today that sandy's aftermath will likely extend to fourth quarter earnings. analysts say the entire industry c